AGO
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0.00% 4.5¢ atlas iron limited

So Cheap, page-55

  1. Showy
    34 Posts.
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    19/04/17
    01:49
    Post #: 24128415
    With hedging strategy AGO having for 2q17, say at today spot at us$61, AGo potential gain ( 71-61)*900,000=us$9million. Put option (66-61)*600,000=us$3million. Total us$12 million gain. Finally AGO hedging strategy start working.
    AGO Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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